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Informative

FM Confirms New Income Tax Bill to Be Taken Up in Monsoon Session

Update / Judgement Date

26 Mar 2025

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

Income TaxOther Legal Matters

The FM confirmed that a new income tax bill will be taken up in the monsoon session. This bill aims to further simplify the tax system. The move reflects the government's ongoing tax reforms. The bill will impact individual taxpayers and businesses. The government is continuing tax reforms.